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. >> you think the deficit is the problem. there are five big items that cause the problems that we have. a big prescription drug plan. neil: the problem that we have now have is based on five things? i'm going to ask you whether it is from george bush or zachary taylor. can we do something about the spending reality. rather than come up with the 14th amendment, getting it under control, and we won't have to do this silly stuff, right? >> well, certainly, i think spending is being brought under control. neil: , on, congressman. >> we are now collecting 50% revenue of gdp. the problem that we have is that our revenue collections is way down. >> i'm talking about the spending. you have to compare spending to revenue. neil: you want to get to those levels of clinton? >> yes, i would love everything to get to those levels of clinton. bush had 22 million new jobs. neil: that was $10 trillion in debt ago. >> when bill clinton left office, we had $288 billion in surplus. yes, that's what i want to get back to you. job creation and su
. >> you think the deficit is the problem. there are five big items that cause the problems that we have. a big prescription drug plan. neil: the problem that we have now have is based on five things? i'm going to ask you whether it is from george bush or zachary taylor. can we do something about the spending reality. rather than come up with the 14th amendment, getting it under control, and we won't have to do this silly stuff, right? >> well, certainly, i think spending is being...
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everyone understands, you can't do that without ratchetting up big deficits, let's fix these and have a planned approach. neil: but they never do, i hear from guys individually talk about doing the right thing, but something happens in collective speech, republicans kind of argue the same thing, then they can't do it. when push comes to shove they can't do it, and there is this capital constipation what is it? >> i call it democrats that don't care, and republicans that down dare, republicans are scared out of the time that the public will not understand, democrats live in mortal fear that the public will understand, it is all about their own personal political future, they have to get past themselves and back to doing real job of service for the country. and that is why a lot of the newly elected members are such a burden to the establishment in office from bike sides, -- both sides, they don't like the reformers getting elected then coming here, and committing they really met what they said on the campaign trail, they are supposed to adapt and fit in and learn to double speak. that
everyone understands, you can't do that without ratchetting up big deficits, let's fix these and have a planned approach. neil: but they never do, i hear from guys individually talk about doing the right thing, but something happens in collective speech, republicans kind of argue the same thing, then they can't do it. when push comes to shove they can't do it, and there is this capital constipation what is it? >> i call it democrats that don't care, and republicans that down dare,...
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Jan 10, 2013
01/13
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., is the deficit. so that is where you start. what do we do about the burn rate? how do we slow it down? stop it? how do we get fiscally responsible. >> you could start with discretionary spending. and the subsidies they are talk otalking about years ago, they have no place, but our elected officials are only focused as your other guest told you, reelection. neil: but if you think they were open to what seemed simple fixes, rather than, 88 slowing growth of medicare as with you know giving grandma alpo, smart minds would say ha is not true. >> aircraft agree, i think that a lot of the rhetoric that gets the american people excited is misinformation and positioning by one ideology versus anoth. if you can't to the american public and told them the facts, whether it be social security or you name it, they will do the right thing, we just have to give them the appropriate information and the solution. neil: saker, you are gate at great at negotiating, they gave cover to other. and i think each side wants to rub the other's nose in it right now, right now republicans
., is the deficit. so that is where you start. what do we do about the burn rate? how do we slow it down? stop it? how do we get fiscally responsible. >> you could start with discretionary spending. and the subsidies they are talk otalking about years ago, they have no place, but our elected officials are only focused as your other guest told you, reelection. neil: but if you think they were open to what seemed simple fixes, rather than, 88 slowing growth of medicare as with you know...
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and by keeping this uncertainty is about not knowing what will happen with the deficit and entitlement spending -- neil: your not addressed by the job growth use of. deasy that is promising? >> and depressed. it's terrible. it depends. would survey the look at. the president was all for the inn on survey prior to the election. today it says the opposite of what the government members do. the second tell you what's happened. layoffs and firings. neil: what do you think will happen? and sorry. what do you think will happen thisyear? >> scary. i don't know. my employees are going to get a raise again, and a lot of companies like mine. how does this economy recover when people's cost of living is greater and their income is less could someone explain that. the president campaied onjobs in the economy. what does this fiscal cliff do to make either one of those any better? i have yet to hear the answer that. >> you look at big, publ companies whose stocks have been doing very well this new year. they are not nearly as worried as you are. where is the disconnect? >> the not looking at the ave
and by keeping this uncertainty is about not knowing what will happen with the deficit and entitlement spending -- neil: your not addressed by the job growth use of. deasy that is promising? >> and depressed. it's terrible. it depends. would survey the look at. the president was all for the inn on survey prior to the election. today it says the opposite of what the government members do. the second tell you what's happened. layoffs and firings. neil: what do you think will happen? and...
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Jan 13, 2013
01/13
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the tragic part of this is even with the savings, the deficit and accumulative federal debt-- instead of an act of heroism such as never has been seen on capitol hill before. >> neil: that part you're right. adam. >> i would state this differently. the cbo is playing math games, that's fine. cut 1%, this is what you get. what they're not playing is political games. i completely disagree with what charles said. these people are inherently as a group corrupt. i don't think that's fair. if you want to say they're not doing their jobs well, not making the tough political decisions, that's different from correct. and dagen hit the nail on the head. we support them in these things. we don't want them to cut these programs. we, the people. that's the political problem. >> although, adam, in the election process, we are-- they do make several promises to do the right thing. and when they go there, whether they are he' pressu're us, they don't do the right thing and hence the corruption. >> maybe my definition of corrupt-- that doesn't describe law breaking, things punishable by going to priso
the tragic part of this is even with the savings, the deficit and accumulative federal debt-- instead of an act of heroism such as never has been seen on capitol hill before. >> neil: that part you're right. adam. >> i would state this differently. the cbo is playing math games, that's fine. cut 1%, this is what you get. what they're not playing is political games. i completely disagree with what charles said. these people are inherently as a group corrupt. i don't think that's...
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even if there is a recovery we'll be adding hundreds of billions to the deficit and then culative debt every year fover. there is no end to it, there is no end to it. >> it comes back to one thing, adam, spending, spending, spending, and by the way, and-- >> it's interesting. >> with the economy, you just talked about this recession, we can't get out after recession if we're hunkeng down and you know, the things that we're doing, it's more like a nation that's ready to divvy up the spoils and call it a day rather than one looking forward to the next hundred years. >> very he good. >> i actually think when you look at what's happened to the debate on medicare just as one example, the american people have spoken, neil, they said n't touch these programs, we like these programs, we like having-- >> i'm not going to jud when that's wise, they said don't touch medicare, medicaid, leave social security alone, entitlements alone, you have the block of the congressional black caucus saying don't ink of addressing it. so, we're left with no other option to eher increase taxes or ben said at the
even if there is a recovery we'll be adding hundreds of billions to the deficit and then culative debt every year fover. there is no end to it, there is no end to it. >> it comes back to one thing, adam, spending, spending, spending, and by the way, and-- >> it's interesting. >> with the economy, you just talked about this recession, we can't get out after recession if we're hunkeng down and you know, the things that we're doing, it's more like a nation that's ready to divvy...
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Jan 9, 2013
01/13
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FOXNEWS
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meanwhile, another number that remains high and why we have to pay attention to this is deficit itself. this is not going to shock you but expected to top three for fifth straight year. a lot of things are in the green because they are doing something about it. out of 18 states with budget surpluses, my next guests find it order 14 republican governors or many are cutting spending and not hiking taxes and they are simply slowing the growth. everybody should take note but they are not. mary, what is going on. >> they are not. it's nice to look at the states and see, hey, these things are possible. you can get more money coming in than you are spending. that is sort of a basic principle of budgeting that many people follow in their own households, but the federal government can't seem to wrap their head around it. indiana with hundreds of millions of dollars in surplus, $2 billion in a rainy day fund. when times were bad and the mitch daniels was the governor he is passing on to mike pence and he says we need to put money in a rainy day fund which leads something that liberals should be
meanwhile, another number that remains high and why we have to pay attention to this is deficit itself. this is not going to shock you but expected to top three for fifth straight year. a lot of things are in the green because they are doing something about it. out of 18 states with budget surpluses, my next guests find it order 14 republican governors or many are cutting spending and not hiking taxes and they are simply slowing the growth. everybody should take note but they are not. mary,...
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Jan 11, 2013
01/13
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the proposal passes congress each shot will cost 75 cents more and could end up helping to finance deficit spending. the centers for disease control says dugmakers expect to pro deuce 135 million doses. at 75 cents a shot that is more than 100 million north dakota revenue.illion in tax >> this is looking more are and more like a contagion. i'm not talking about the flu you thing. this white house spending isn't a problem thing. first the president and now his press secretary. i know they say a broken clock is right, what, twice a day. what does that make these te guys? had tb, hepatitis b, had tb, hepatitis b, are prone to infections or have symptoms such as fever, fatigue, cough, or sores. you should not start humira if you have any kind of infection. ask your rheumatologist about humira, to help relieve pain and stop further joint damage before they stop you. >> neil: a little more than a week after the president said that the nation apparently didn't have a spending problem we get this from his white house press secretary. >> deficit reduction s not a goal, a worth you goal unto itself.
the proposal passes congress each shot will cost 75 cents more and could end up helping to finance deficit spending. the centers for disease control says dugmakers expect to pro deuce 135 million doses. at 75 cents a shot that is more than 100 million north dakota revenue.illion in tax >> this is looking more are and more like a contagion. i'm not talking about the flu you thing. this white house spending isn't a problem thing. first the president and now his press secretary. i know they...
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Jan 8, 2013
01/13
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we need to do something to do with run away deficit spending. >> neil: we never do. many argue that your party had a chance in the latest cliff deal and was to settle it? >> we have resolved the tax hikes. now, the issue is spending. i wish we could have. i wish we had a president that would have agreed there was a spending problem. he told the speaker he doesn't think there is a spending problem. last thing we need for treasury to mint a new coin made out of platinum that would weigh, 44 million pounds. i would sink the titanic. you know, this is the kind of things going on in d.c. that we have to draw attention to. >> neil: i hope cooler heads and calmer and less crazy heads will prevail. >> good to be with you. >> neil: invoking an amendment to seek racial equality will -- with debt piling up, pat gudell it's not a wonder that americans are not rising up. >> this is hello children, you are insane. i could not sell this story to my granddaughter pre-kindergarten class. the idea, it's spinning gold and take platinum and clean it up. we have a serious -- there are pe
we need to do something to do with run away deficit spending. >> neil: we never do. many argue that your party had a chance in the latest cliff deal and was to settle it? >> we have resolved the tax hikes. now, the issue is spending. i wish we could have. i wish we had a president that would have agreed there was a spending problem. he told the speaker he doesn't think there is a spending problem. last thing we need for treasury to mint a new coin made out of platinum that would...